The Weekly Bottom Line: The Economy Holds on as Rate Hikes Start to Bite

[PocketOption]

The Weekly Bottom Line: The Economy Holds on as Rate Hikes Start to Bite

U.S. Highlights Employment rose by 0.2% month-on-month (m/m) for the fourth consecutive month in November, surpassing expectations for a moderate slowdown in job growth. Core PCE inflation for October eased slightly to 5% year-on-year (y/y), but was supported by strong spending growth and a drop in the consumer savings rate to a 17-year low. FOMC […]

The post The Weekly Bottom Line: The Economy Holds on as Rate Hikes Start to Bite appeared first on Action Forex.

Source: The Weekly Bottom Line: The Economy Holds on as Rate Hikes Start to Bite